Member Info for gbndan

Gold at silver seem to be at / very near to weekly lows.... might still be a bit more for Hoc to follow down......

I am a learner on these matters ,but seems that as Sotolo states it is more of a PM ( principally Gold ) correction price issue at the moment.

Have come across this which might provide insight
https://www.gold-eagle.com/article/gold-forecast-pause-refreshes-gold

Noel, stay on, appreciate your insights.

Question: Are you looking to change your gold or silver price assumptions off the back of the, the improved spot pricing when it comes to review at the end of the year?

Ignacio Bustamante
I think the prices we're using are $17 for silver and $1700 for gold, so still very conservative prices. It's a little bit of revision upwards compared to what we used last year, but it still is significantly below the current stock prices and the current projections as well.

https://seekingalpha.com/article/4369787-hochschild-mining-plcs-hchdf-ceo-ignacio-bustamante-on-q2-2020-results-earnings-call?utm_medium=email&utm_source=seeking_alpha&mail_subject=hchdf-hochschild-mining-plc-s-hchdf-ceo-ignacio-bustamante-on-q2-2020-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-2

Have come upon this, although I still have not read it through yet........ happy to have your thoughts and insights on it.

https://seekingalpha.com/article/4369787-hochschild-mining-plcs-hchdf-ceo-ignacio-bustamante-on-q2-2020-results-earnings-call?utm_medium=email&utm_source=seeking_alpha&mail_subject=hchdf-hochschild-mining-plc-s-hchdf-ceo-ignacio-bustamante-on-q2-2020-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-0

Did anyone noticed or arrived at the present AISC for gold production.... do not recall seeing this

In 2019 Financial performance "All-in sustaining costs (AISC) from operations down to $965 per gold equivalent ounce (2018: $973)"

are not all HOC mines in production now....Immaculata too ?

Lets all stay in , as you said for an intelligent discussion... we will all be winners through that.

So true that bickering spoils all......but find that Noel can not be at fault in this argument ....although still not worth it....and at least he offers advice and suggestions

If you buy anytime tomorrow you will not be eligible for dividend payments. Today before trade closes is your last chance if you want dividend. To get the divi, don't sell tomorrow at anytime. ?? Will take up the suggested reading…….. Thanks anyway ;)

Thanks cittybangbang. So to get dividend we must hold until tomorrow morning. Was however wondering if price can then dip pre market , thus lowering chances of a good sell. Is this common place ?

Hi All, So the ex div date for the London holdings is tomorrow 18th, but what time is the time limit drawn to be eligible for the dividends...is it as start or close of trading ? Would the price be expected to drop right from the start of trading ?

When / What about is the next RNS ?

Bumpy ride at the moment :(

Green candles on the AG & AU chars this precise moment. Hope they persist.

Seems that AG & AU are flying at this time..... add to HOC early tomorrow ?

Deem it worth to top up at today's price to water down my present holding and HOPE for a rise next week on 8 March ?

Do you think there are solid prospects of this happening, or is it pie in the sky ? This could open up even more demand for gold with potential gains Gold’s well-known diversification benefits are among the reasons that prompted Islamic finance policymakers to develop the Shari’ah Standard on Gold, unveiled in December 2016, which finally opens up the precious metal as an investment tool in the global $1.88 trillion Islamic finance industry. Before now, there were no Shari’ah-compliant investments that could be considered “safe havens.” Permitting physical gold and gold-backed funds into the universe of allowable investments changes that.

I am quite new to this but have this weekend read somewhere that if the price of pMs is going up but yet it is not being reflected in the miners something is not quite fully right. It is not only HOC which is experiencing this but other miners too. What do you make of this ?